Aero-Structure Technologies Cyclone opened in Georgia [Photos]
Aero-Structure Technologies Cyclone opened in Georgia [Photos]

The aircraft component producing factory ATC (Aero-Structure Technologies Cyclone) has opened in Georgia.

The official opening ceremony was attended by the Prime Minister of Georgia Giorgi Kvirikashvili, representatives of government, parliament, local government, diplomatic corps and business circles as well as Israeli government officials.

The factory established by the Partnership Fund and Israeli Elbit Cyclone will release the first product in early 2019 after being certified.

Customers of the products produced in Georgia will be the major players of the World air industry, such as Boeing, Bombardier, Airbus, etc.

The investment cost of the joint project of the Partnership Fund and Israeli Elbit Cyclone is $ 93 million. About 80 people are employed in the company, but after the full activation of the enterprise, 300 people will be employed.